A company has developed a new type of light bulb, and wants to estimate its mean lifetime. A simple random sample of 12 bulbs had a sample mean lifetime of 700 hours with a sample standard deviation of 71 hours. It is reasonable to believe that the population is approximately normal. Find the lower bound of the 95% confidence interval for the population mean lifetime of all bulbs manufactured by this new process.
Round to the nearest integer. Write only a number as your answer. Do not write any units.
Solution :
Given that,
Point estimate = sample mean = = 700
sample standard deviation = s = 71
sample size = n =12
Degrees of freedom = df = n - 1 = 12 - 1 = 11
At 95% confidence level
= 1 - 95%
=1 - 0.95 =0.05
/2
= 0.025
t/2,df
= 2.201
Margin of error = E = t/2,df * (s /n)
= 2.201 * (71 / 12)
Margin of error = E = 45
The lower bound of the 99% confidence interval estimate of the population mean is,
- E
700 - 45
655
Get Answers For Free
Most questions answered within 1 hours.